⏰ $6.05 million in Binance futures liquidations over the past hour; $ETH had the most
Take two seconds to understand the liquidation data before reacting 👇
The amounts reported are based on the notional value of positions and don’t equal actual losses. With isolated margin, if a 10x leveraged position is liquidated, the loss is mainly the margin—around one-tenth of the notional value.
Prices around which liquidations cluster are often viewed afterward as potential short-term support or resistance, but whether those levels actually hold depends on subsequent buying and selling.
Unusual data often comes with bigger price swings. This is a time to reduce leverage, not increase it.
These are just opinions for discussion; manage your own risk.
Take two seconds to understand the liquidation data before reacting 👇
The amounts reported are based on the notional value of positions and don’t equal actual losses. With isolated margin, if a 10x leveraged position is liquidated, the loss is mainly the margin—around one-tenth of the notional value.
Prices around which liquidations cluster are often viewed afterward as potential short-term support or resistance, but whether those levels actually hold depends on subsequent buying and selling.
Unusual data often comes with bigger price swings. This is a time to reduce leverage, not increase it.
These are just opinions for discussion; manage your own risk.